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The IT security researchers at Qihoo 360 Total Security have discovered a new malware aiming at stealing cryptocurrencies, including Bitcoin and Ethereum, from the computer system of unsuspected users. Dubbed ClipboardWalletHijacker by researchers; the malware is targeting at Windows-based devices and is currently installed on over 300,000 devices. As indicated by its name the malware monitors clipboard activity […]
Coinrail, cryptocurrency exchange established in Korea, suffered a massive hack attack in which the responsible hackers stole more than 40 million dollars in tokens and Altcoins last Sunday. International Institute of Cyber Security specialists point the fact that the attack also provoked a depreciation of the Bitcoin, which at the time of publication of this […]
Coinrail, a South Korea-based cryptocurrency exchange has suffered a massive hack attack in which hackers have stolen over $40 million in tokens and altcoins on Sunday. The hack has also caused a decrease in Bitcoin’s price – At the time of publishing this article, 1 Bitcoin was around $6,781. Although it is unclear how the […]
The city of Atlanta Police department lost critical dashcam video evidence during a ransomware attack that occurred in March 2018, admitted Atlanta police chief Erika Shields. The entire IT infrastructure across Atlanta city was affected by the attack. Resultantly years of dashcam footage was lost permanently. SamSam ransomware, a dangerous file encrypting virus, was used to […]
Shopin, the first universal shopper profile offering the most personal shopping experience on reseller, app and store websites via blockchain and Artificial Intelligence, today released an official statement that a significant token wallet has been hacked. As a result of the hack, over $10 million dollars in a variety of tokens, including Ethereum, Level Up, Orbs […]
Author: Marshall Taylor Blockchains and their cryptocurrencies are energetically following a path similar to other major leaps in technology that have come before it. Like automobiles, electricity, or the world wide web, the technology and communities behind blockchain tech are growing and innovating far ahead of existing regulations or social safety nets. On one hand, […]
Hackers are conducting Double Spend attack on cryptocurrency exchanges and the latest victim is Bitcoin Gold. It is claimed that cryptocurrencies operate a lot more privately and safely than traditional currencies. But, it has been observed time and again that the security measures used to safeguard cryptocurrency are lackluster and benefit cybercriminals greatly. So far, quite a […]
Author: David Hamilton The banking system is inefficient in its current state as it requires the use of multiple third-party verifications and transferring services in order to complete a transaction. Blockchain can alleviate the need for these organizations and provide the world with a viable solution to the inherent problems facing the banking community. Blockchain is transforming the way […]
Nigelthorm malware targets both Windows and Linux based devices. Using malware infected Chrome browser extensions for targeting unsuspecting users has been observed to be the preferred attack method within the cybercriminal community nowadays. Recently, HackRead exclusively reported about the presence of malicious AdBlocker extensions used by over 20 million people. The Facexworm and Digimine malware campaigns […]
Author: Cole Gibson Before it became intertwined in the controversy surrounding Facebook’s misuse of data, Cambridge Analytica was planning to raise funds for a new digital currency. According to sources at Reuters, the firm was looking to raise as much as $30 million for their cryptocurrency project. Brittany Kaiser, former employee of Cambridge Analytica, stated […]
Security firm Trend Micro’s researchers have identified a malicious Chrome extension that can hijack Bitcoin transactions before getting detected. The extension utilizes an already discovered malware called FacexWorm. The malware was firstly identified in August 2017 and it re-emerged earlier in April 2018. The attack involves propagation of infected Facebook Messenger messages while the attack […]
While you might still be hard-pressed to pass someone on the street who truly understands Bitcoin and what it means for the financial world, you’re certainly likely to pass more than one who’s heard of it. In recent months, Bitcoin and its underlying technology is known as the blockchain have stormed the news with talk […]
GrayKey’s code snippets recently appeared online and an unknown party was responsible for the publishing. The iPhone unlocking specialist GrayShift is now being extorted for paying 2 bitcoin, the price of one GrayKey box, but it is believed that the extortionists might have run out of codes. GrayKey is a device developed by GrayShift and it […]
Interview: Aragon’s Luis Cuende on Blockchain Governance & Digital Jurisdictions Author: Bennett Garner Bennett Garner: You’ve said “humans enforce contracts by giving away freedom.” Could you explain what you mean by that in the context of Aragon? Luis Cuende: Basically when you enter a social contract, you are agreeing to give away some of your […]
The official website of Ukraine’s Ministry of Energy and coal was hit by a ransomware attack, as a result, the website has been compromised by malicious hackers asking for ransom in Bitcoin. The attack took place at 7.34am GMT today when hackers left a message on the website in English demanding ransom payment in Bitcoin to get the […]
Ian Balina is a well-known, sponsored YouTube blogger or rather Vlogger. He is known for reviewing cryptocurrency initial coin offerings (ICOs) via live streaming of videos. Unfortunately, the blogger became a victim of cybercrime recently where he lost roughly $2 million in tokens. [squaread][/squaread] What happened was that while Balina was busy with his stream, […]
Initially, the cryptomining malware aimed at generating cryptocurrency using open browser session but that has now changed. Cryptomining has become the latest fad among malware developers probably because it ensures quick money without much ado. That’s because cryptominer infects a computer and uses its resources to mine for the desired cryptocurrency. So, what happens is that at someone […]
[squaread][/squaread] In a security notice, the Indian Bitcoin exchange Coinsecure has revealed that it has suffered a setback after 438 BTC which is over $3 million ($3,542,957) according to current Bitcoin price were stolen from its offline Bitcoin wallets The company maintains that it has never been hacked or compromised and the incident took place when its CSO Dr. […]
The website Have I Been Pwned is known for analyzing and storing database dumps and leaked account details. A user can simply visit the site to know if their account has been compromised in the recent past. The good part is that the service is completely free. Much to the concern of many users, a fake […]
Another day, another ransomware scam but this one is harmless since all you need is to play PUBG game to get your files back. Usually, a ransomware attack is all about locking victims files for ransom. There have been countless encounters where cybercriminals have taken over systems and demand heavy ransom in Bitcoin cryptocurrency. But the […]
Author: Colin Harper If you’ve ever dealt in Bitcoin, you may have suffered through hour-long (or at worst, day-long) transaction times. It’s becoming commonplace for Bitcoin to have backlogs of 150k+ unconfirmed transactions at times of high transaction volume, and when we couple this with its exorbitant fees, it’s a wonder how you’re ever gonna […]